Question: Please help Suppose that there are two firms producing a homogenous product and competing in Cournot fashion and let the market demand be given by

Please help

Suppose that there are two firms producing a homogenous product and competing in Cournot fashion and let the market demand be given by Q = 360 - Assume for simplicity that each firm operates with zero total cost. Suppose that two firms collude. How much more profit each firm can obtain relative to Cournot competition? 8000 7200 14400 16000

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